SPR Auto Technologies Limited has announced strong financial results for the year ended March 31, 2026, reporting an annual standalone profit of Rs. 5,137 million. The company has also recommended a final dividend of Rs. 5 per share, continuing its commitment to shareholders. Furthermore, the Board has approved a significant fund-raising plan of up to Rs. 10,000 million via Qualified Institutions Placement (QIP) to support repayment of borrowings, capital expenditure, and general corporate purposes.
Financial Performance Highlights
For the fiscal year ended March 31, 2026, the company demonstrated impressive growth. On a standalone basis, the company achieved a total revenue of Rs. 35,266 million, resulting in a net profit after tax of Rs. 5,137 million. Consolidated figures were even stronger, with total annual revenue reaching Rs. 44,587 million and a consolidated net profit of Rs. 5,614 million, reflecting the company’s expanding footprint in the automotive components sector.
Strategic Growth and Acquisitions
The company, formerly known as Shriram Pistons & Rings Limited, completed the acquisition of several entities, including SPR Auto Interior Lighting Solutions Private Limited and SPR Auto Interior Solutions Private Limited, in January 2026. This acquisition is part of a broader strategy to diversify the company’s product portfolio and strengthen its position in the automotive market. These acquisitions have contributed to an increase in total assets, which stood at Rs. 61,526 million on a consolidated basis as of March 31, 2026.
Dividend and Future Fund Raising
To reward its shareholders, the Board of Directors has recommended a final dividend of Rs. 5 per equity share (face value of Rs. 10 each) for the financial year 2025-26. This is in addition to the interim dividend of Rs. 5 per share already paid in February 2026. Looking ahead, the company plans to raise up to Rs. 10,000 million through a Qualified Institutions Placement (QIP). These funds are earmarked for strengthening the balance sheet through debt repayment and fueling future capital expenditure to support long-term growth.
Annual General Meeting
The 62nd Annual General Meeting (AGM) of the company is scheduled for Monday, July 27, 2026. The meeting will be conducted via video conferencing, allowing stakeholders to participate remotely. The Record Date for determining the eligibility of members for the final dividend has been set for Monday, July 20, 2026.
Source: BSE
